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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The riba (usury or interest) benefits of the depositor and giving them to the poor

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Question:
This woman is asking, saying that she deposited her money in the bank and takes riba (usury or interest) on it and gives it

Answer:
This is not permissible. It is not permissible to take the interest and give it to the poor. However, the ruling is for when a person repents: if he was taking interest and then repented and has this interest in his possession, what does he do with it? He gets rid of it by giving it to the poor. But if he says, “I will continue to take the interest and give it to the poor,” this is not permissible; it is forbidden. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، 15 من 36|الصوم عن المحرمات|مواعظ وكلمات في الحرم المكي|صالح الفوزان|كبار العلماء — youtube.com (34:46)

The Arabic text is a machine transcription of the audio recording.

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